Oxford PV has announced a record-setting 26.9% efficiency for its perovskite tandem module at Intersolar Europe 2024, the continent’s largest solar and energy storage event.
The project at NTPC’s Lara super thermal power station will synthesize fourth-generation ethanol from carbon dioxide captured from waste flue gas and green hydrogen generated through electrolysis.
Renewable capacity addition is expected to remain at around 15-17 GW annually, owing to significant reduction in the module prices over the past 12 months and availability of liquidity.
Hydrogen hubs, which are organised areas where production and utilisation facilities are closely linked, can make green hydrogen projects more viable. This cluster-based approach addresses the technical, logistical, and commercial challenges of long-distance hydrogen transport, enhances project viability, and allows for economies of scale and concentrated infrastructure.
JSW Energy has started construction work for its 1 GWh battery energy storage project in India, marking its foray into energy storage services. The company is also spearheading the development of India’s largest commercial-scale green hydrogen project in India.
Sembcorp Green Hydrogen, an arm of Sembcorp Industries, has signed a term sheet with Sojitz Corp. and Kyushu Electric for the supply of green ammonia produced in India to Japanese off-takers. Sembcorp will utilise renewable energy to produce an initial 200,000 metric tonnes per annum of green ammonia in India.
Solar Energy Corp. of India (SECI) is accepting bids to produce and supply 539,000 metric tonnes of green ammonia per year for use by the fertilizer industry in India. Successful bidders setting up green ammonia production facilities will be eligible for incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. Bidding closes on July 29.
New testing conducted at France’s oldest PV system have shown that its solar modules can still provide performance values in line with what the manufacturers promised.
Analysts at the recent BNEF Summit in Munich discussed delays for hydrogen adoption in European countries, noting that locations are crucial for predicting which hydrogen production plans will proceed. Projects in areas with high amounts of renewables have an advantage.
The clean hydrogen market must navigate technological, political, and economic uncertainties to realise its full potential.
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